发展经济学Development Economics.docx

发展经济学Development EconomicsIn this course we mainly study the economic development of developing countries ,and the importance of capital accumulation; 1.Dual Sector model：Lewis put forword this theory in 1954,he use this theory analysis economic development of developing countries.he think developing countrys Economics have two department ,tradition department and modern department.(1)Tradition department :Agriculture and Simple business and services,low labor productivity ,the wages is low ,but have developing countrys most labor.(2)Modern department:mining industry, construction industry, modern commerce and service industry.have little labor ,higher labor productivity and wages.(1)advantage:1)opened up a new way , provides the basic framework for the structural analysis.It state the structural differences between the modern and traditional sectors. This difference is reflected in the technical level , the purpose of production and the level of income.2)The combination of economic growth and the transfer of labour force, which is consistent with the path of the developed countries, so the model is based on historical experience.This has important implications for the development of the developing countries.(2)disadvantage:1)Ignore the development of Agriculture2)It is assumed that the proportion of labor and capital in the modern industrial sector is always unchanged.3)Constant wage levels are not right.4)No attention to human capital constraintsThe constant expansion of the modern department and the shrinking of the traditional department.(3)the realtionship between tradition department and modern department.In the process of industrialization, the traditional department transport the surplus labor to the modern department, and create the profit for the modern department with the cheap labor force.When the surplus labor is not delivered, the labor productivity of the traditional sector is in a state of stagnation.The traditional department is passive, and the mo